Renewable energy expert follows the money
Michael K. Dorsey is a recognized expert on global energy, finance, and sustainability. The National Journal named him one of 200 national energy and environment expert insiders in 2013, and Scotland Rotary International awarded him its highest honor: The Paul Harris Medal for Distinguished Service to Humanity. He is a full member of the Club of Rome.
Dr. Dorsey is CEO and Co-Founder of Around the Corner Capital, a boutique renewable energy strategic advisory and finance firm. He also is Co-CEO of ECE-Univergy North America a joint venture initiative between Around the Corner and Univergy, SA marshalling extensive experience in the field of renewable energy and offering clean energy solutions worldwide, with sustainability as a fundamental pillar of all projects. Dr. Dorsey is a frequent commentator in the media on energy, environmental and finance issues globally.
“Right now there’s so much momentum for 21st century green, clean, renewable energy, that a wayward character in the White House is not going to be able to stop that. You can’t really stop the trillion-dollar train which is the explosive growth of the renewable energy sector,” Dorsey said. “You’ve got 280 institutional investors with over $17 trillion in money under management saying they are full in. One third of the Fortune 100 is full in. The momentum for this process is surging forward, leaving the old 20th century technology behind.”
Dorsey’s fact-based financial expertise cuts across political and emotional rhetoric, using irrefutable data to sound a clarion call for renewables. Many holdout coal supporters connect renewable energy to job loss and poverty, but Dorsey points to the numbers. “In Texas, there are more people working in solar than in all of oil and gas. In California, there are more people working in solar than there are in the media industry. Nationwide, there are more people working at Walmart than in the coal sector,” Dorsey said. “The fact is that you’ve got a world that has repositioned itself to move forward with renewable energy, and that’s happening. That’s where the money is.”
Dorsey has had a significant environmental advisory role in the U.S. government under presidents George H.W. Bush, Bill Clinton, and Barack Obama. He was appointed to the EPA’s National Advisory Committee for three terms, and was named an advisor on climate, energy sustainability and Small Island Developing States by the UN Conference on Trade and Development. Until early 2018, he served as Senior Program Officer at the National Academy of Sciences, established by President Abraham Lincoln in 1863 to provide independent, objective advice to the nation on matters related to science and technology. He co-founded of the Center for Environmental Health and served 11 years on the Sierra Club’s board of directors.